Saturday, April 8, 2017

Friday's Journal had a piece about an attempt to sweeten the Obamacare replacement bill. A $15 billion fund will be established to pay insurers for the extra costs of insuring "previous condition" patients. This would somehow keep premiums down for the regular customers. Groovy. I love insurance companies, and of course we need to give them an extra $15 billion.
The Journal neglected to tell us taxpayers just how the money would be doled out. Would it be on a per patient with previous conditions basis? Or just sliced up between insurers? Is $15 billion enough to cover all the patients with previous conditions? Or will it grow much bigger in a few months. What might premiums look like after this $15 billion fund is created?
To run a real democracy, us voters need to know about the issues. The Journal piece skipped a lot of stuff we need to know. The Journal used to be better than this.